| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.4B | $2.3B | 6.3% | 14.2% |
| Op. Income | $338M | $301M | $323M | 12.2% | 4.4% |
| Gross Margin | 20.7% | 20.5% | 23.7% | 0.2pp | -3.0pp |
| Net Margin | 10.8% | 10.1% | 16.2% | 0.7pp | -5.3pp |
| EPS (Diluted) | $2.24 | $1.93 | $2.78 | 16.1% | -19.4% |
| Free Cash Flow | $231M | $327M | $364M | -29.4% | -36.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $538M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $84M |
| SG&A Expenses | $104M |
| Other Expenses | $97M |
| Operating Expenses | $201M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $338M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $319M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $282M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $282M |
| D&A | $93M |
| EBIT | $345M |
| EBITDA | $438M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $538M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $84M |
| SG&A Expenses | $104M |
| Other Expenses | $97M |
| Operating Expenses | $201M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $338M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $319M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $282M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $282M |
| D&A | $93M |
| EBIT | $345M |
| EBITDA | $438M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $282M |
| Depreciation & Amortization | $93M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$34M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $340M |
| Capital Expenditure | -$109M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$100M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$237M |
| Common Dividends Paid | -$137M |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | -$374M |
| FREE CASH FLOW | $231M |
| Net Change in Cash | -$135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $421M |
| Short-Term Investments | $0 |
| Net Receivables | $72M |
| Inventory | $271M |
| Other Current Assets | $141M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $6.8B |
| Goodwill | $1.0B |
| Intangible Assets | $806M |
| Long-Term Investments | $73M |
| Tax Assets | $1.5B |
| Other Non-Current Assets | -$1.3B |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $367M |
| Short-Term Debt | $0 |
| Deferred Revenue | $498M |
| Other Current Liabilities | $409M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $929M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $201M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $7.9B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $4.9B |
| Net Debt | $4.5B |
